Eric Sprott discuss the global economy, the stress in emerging markets and the latest on precious metals
Eric Sprott interviewed by Craig Hemke on The Weekly Wrap-Up
August 10,2018
It’s been another week of “strange things happening in the world,” but Eric is back again to reassure us that precious metals are hanging in there. This week on the wrap-up, you’ll hear:
- The most important development from a gold perspective
- Which mining region could provide a very large payoff
- Why “the corner” is within sight
“You know the debts don’t go away, right? They don’t go away, they have to be paid. The cost of debt is going up, because of interest rates rising… So it just puts a greater, greater strain on all forms of GDP, because a greater part of your GDP has to go to debt repayment… We’ve always speculated, ‘When’s it finally going to have an impact on stock valuations?’ And it hasn’t yet in North America, for sure. I would suspect it’s kind of had some impact—obviously—in places like China and European Equities and other Asian equities. So I think it’s probably likely to have an impact here in North America as well.”
- This is the future they have planned for us…
- Are They Essentially Erasing Most Of The Internet?
- Heads Up: Something big is going down. Just about every commodity is collapsing in price. Things deteriorated so much that all the supply chain metrics have become way less constrained
- Bill Gates: Social Credit Scores Are An “Asset”
- Horrific news from Sodom Island
- China’s Warning ENTIRE Economy Will Collapse In 34 Days
- The Dead Internet theory just got even creepier….
- People Are Going To Go Absolutely Insane When Food Prices Double Or Triple From Current Levels
- CDC is quietly deleting misleading information from their website. The following statement was removed from their website between July 16th and July 22nd
- If you are waiting for recession, inflation down, FED pivot, etc., by the time it happens, markets would have already priced most or all of it in. Right on schedule… Michael Burry says the Big Crash is anytime now!
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